Wave Launches Residential Gigabit Internet Service in Portland

KIRKLAND, Wash.–(BUSINESS WIRE)–Wave (www.wavebroadband.com),
a gigabit fiber and broadband services company, today announced the
launch of its Wave G gigabit service in Portland, part of an accelerated
expansion of Wave’s fiber network. Wave G symmetrical (upload as fast as
download) gigabit internet service is now live and available at
Portland’s Ladd Apartments, a 332-unit residential tower in downtown
Portland’s Cultural District; three Pearl District properties in Block
17 (281 units), Asa Flats and Lofts (212 units) and The Parker (177
units); as well as Ella (199 units) in the city’s Southwest Waterfront
area.

Wave has also reached agreements to further expand its fiber network and
gigabit service to other properties in and around downtown Portland,
including: Block 37 (270 units), NV (285 units) and Rivage Apartments
(260 units), all scheduled to come online this spring and summer. The
company has provided gigabit service since 2008 to thousands of
Seattle-area residents under the CondoInternet brand and recently
expanded its gigabit offerings to other markets such as San Francisco
and Everett, WA.

Wave plans to continue extending its gigabit service to other areas in
and around Portland. Wave’s symmetrical gigabit internet is available
for $80 per month, and its 100Mbps symmetrical connection is just $60
per month. The company recently announced $130 million in financing to
accelerate the expansion of its fiber network in Oregon, California, and
Washington. Wave has invested heavily in expanding its gigabit service
by building out its fiber network, hiring additional staff and taking
other measures to improve and expand its infrastructure.

“Portland is a growing, vibrant market and we are excited to introduce
Wave’s gigabit service to the city,” said Harold Zeitz, Wave’s President
and COO. “Wave has delivered robust and reliable gigabit service for the
past six years and we will continue to expand its availability as we
grow our fiber network. Wave G provides a great customer experience and
gives multi-unit buildings a compelling offering for both current and
prospective residents.”

Wave is a gigabit fiber and broadband services company, providing true
high-speed internet service and a variety of related products and
options for business and residential customers in key areas of
Washington, Oregon and California. The company is headquartered in
Kirkland, Washington. For more information, visit www.wavebroadband.com.